Trading in goods of all kinds as well as acquisition, management and disposal of participations, securities and intellectual property rights of any kind. The company may establish branches in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire companies or merge with them, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it. It may acquire, manage, encumber and dispose of intellectual property rights and licenses of all kinds. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.